Government announces multi-billion investment in mobile technology
Written by on December 1, 2020
The Government has announced a €4.3bn investment in next-generation 5G mobile phone technology, and expanded broadband reach by 2025.
The announcement came as it was confirmed that €883 million has been earmarked for internet connectivity across Spain, with rural areas becoming better connected.
Finance Minister Maria Jesus Montero said the Government also expects companies will invest around €24 billion euros on 5G technology in the country by 2025.